All articles by Vidyasagar Maddela
Vidyasagar Maddela
ABN Amro to axe 5,200 jobs by 2028 to reduce costs
ABN Amro has also agreed to sell its personal loan subsidiary Alfam to Rabobank, a Netherlands-based banking and financial services company.
Deutsche Bank in discussions to sell India retail and wealth business – report
Kotak Mahindra Bank, Federal Bank, and Emirates NBD India have reviewed the portfolio and are engaged in negotiations.
Pinnacle and Morris merge to create community bank in Georgia
Pinnacle shareholders will own around 54% of the combined company, with Morris shareholders holding approximately 46%.
Santander México completes cloud migration to Gravity
The migration helps Santander México align with digital native enterprises, offering quicker, simpler access to data.
Lloyds to acquire Curve to enhance digital wallet platform
This acquisition is expected to widen Lloyds’s digital capabilities and deliver enhanced payment experiences for its customers.
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ECB reduces capital requirements for banks after stress test results
This allows European banks to increase dividends and share buybacks, supported by profits and the end of negative interest rates.
Italy prioritises MPS-BPM merger to reduce stake in MPS – report
The government is prioritising MPS-BPM merger plans through a future merger, with Banco BPM identified as the preferred partner.
Deutsche Bank announces growth strategy for 2028
Deutsche Bank’s 2028 growth strategy targets higher revenues, improved returns, and a scalable operating model.
SuMiTB implements FIDO authentication to secure mobile banking services
The move introduces OneSpan’s cloud-based FIDO authentication solution to the Japanese mobile banking sector.
Westpac extends regional branch moratorium to 2030
Westpac will launch the Community Banking Service pilot, developed in partnership with local councils, in early 2026.